Springhill, Louisiana is a beautiful city located in the northern part of the state with a population of 7,270. It has become increasingly popular in recent years due to its close proximity to larger cities such as Shreveport and Monroe. The average two bedroom rental rate here is $730 which is significantly lower than the US average of $1,430. Additionally, the local grocery cost index here is 87 compared to 100 in the US, making it more economical for households on a budget. Local businesses in Springhill include Walmart Supercenter, Pizza Hut, Sonic Drive-In and Texas Roadhouse restaurants; as well as banks like Capital One and Regions Bank.
Springhill (zip 71075) has an unemployment rate of 6.0%. The US average is 6.0%.
Springhill (zip 71075) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.0%, which is lower than the US average of 33.5%.
Tax Rates for Springhill (zip 71075)
- The Sales Tax Rate for Springhill (zip 71075) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Springhill (zip 71075) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Springhill (zip 71075)
- The average income of a Springhill (zip 71075) resident is $19,067 a year. The US average is $28,555 a year.
- The Median household income of a Springhill (zip 71075) resident is $30,056 a year. The US average is $69,021 a year.